The Rock has acquired more TKO stock.
In January 2024, Dwayne “The Rock” Johnson joined the TKO Board of Directors, and he was granted full ownership of The Rock’s name. He then returned to WWE for a sustained run on the road to WWE WrestleMania 40. The Rock also competed at WWE WrestleMania 40. He and Roman Reigns beat Cody Rhodes and Seth Rollins. The Rock appeared on the RAW After WrestleMania and announced that he was stepping away. He later made a one-off appearance at WWE Bad Blood.
In April 2024, The Rock acquired 96,558 shares of TKO stock. In a new SEC filing on January 3, TKO Group Holdings stated that he acquired 96,557 shares of stock as part of his deal with the company. As of this writing, Johnson’s shares are worth $13,749,716.80, as they are selling at $142.40 per share. Overall, his 289,673 total shares are worth $41,249,435.20. (H/t PWInsider)
The Rock On Joining TKO Board
Johnson commented on joining the TKO Board of Directors when the move was announced in January 2024.
The Rock’s statement is as follows:
“My grandfather, High Chief Peter Maivia, and my dad, Rocky ‘Soulman’ Johnson, would’ve never thought this day would come. Which is why I’m very humbled to have a seat at the table that has decades of history and family legacy for me,” Dwayne “The Rock” Johnson said. “A table that my family helped to build. Being on the TKO Board of Directors, and taking full ownership of my name, ‘The Rock’, is not only unprecedented, but incredibly inspiring as my crazy life is coming full circle. At my core, I’m a builder who builds for and serves the people, and Ari is building something truly game changing.
“I’m very motivated to help continue to globally expand our TKO, WWE, and UFC businesses as the worldwide leaders in sports and entertainment — while proudly representing so many phenomenal athletes and performers who show up every day putting in the hard work with their own two hands to make their dreams come true and deliver for our audiences. I’ve been there, I’m still there and this is for them.”
“I am thrilled to partner with Dwayne and welcome his immense talent to TKO’s Board,” Ariel Emanuel, CEO, TKO, added. “Dwayne brings an incredible track record of creating content and building globally recognized consumer brands, and he will play a key role in realizing our ambitions for TKO.”
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